This possibly has been posted elsewhere but I didn't find it. I figured some of you may find this useful, and perhaps suggest an improvement. I found this: http://blog.eflow.org/archives/64 .. but it didn't seem very amiable to a windows setup because cmd only opens in the same window..and thus will appear in the eclipse console. Try this:

Create a file like c:\windows\system32\opencmd.bat

It should contain this one line:

@start "Command Prompt" cmd %*

Click the arrow next to the External Tools button and open the "External Tools Configuration..." ...the blog.eflow.org link details where this button is.

Right-click Program then click "New".

Click "Browse File System..." and point to the opencmd.bat file.

Set Name to "Command Prompt".

Set Working Directory to ${resource_loc}

Click Close.

Click on the arrow next to the external tools button again and click "Organize Favorites".

Click Add...

Select "Command Prompt" and click OK.

Now when you highlight a folder in your Package Explorer and click the External Tools button, it will open a command prompt with the folder as its current directory.

I wouldn't mind a solution where the option appears in the context menu of the resource, and perhaps opens in the containing folder when a file is selected, if someone wants to expand on this.